-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, G/EG0MnI8vumKgLbCcc4p+WGnPLzWOeTIcCNJs96dOmaQ4skrffI2VIwTitXRYsn 3oNCzC7hAsA15ls+iUxczg== 0000950152-02-005102.txt : 20020627 0000950152-02-005102.hdr.sgml : 20020627 20020627163930 ACCESSION NUMBER: 0000950152-02-005102 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020627 ITEM INFORMATION: Changes in registrant's certifying accountant ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020627 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SIFCO INDUSTRIES INC CENTRAL INDEX KEY: 0000090168 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT ENGINES & ENGINE PARTS [3724] IRS NUMBER: 340553950 STATE OF INCORPORATION: OH FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05978 FILM NUMBER: 02689505 BUSINESS ADDRESS: STREET 1: 970 E 64TH ST CITY: CLEVELAND STATE: OH ZIP: 44103 BUSINESS PHONE: 2168818600 MAIL ADDRESS: STREET 1: 970 EAST 64TH STREET CITY: CLEVELAND STATE: OH ZIP: 44103 FORMER COMPANY: FORMER CONFORMED NAME: STEEL IMPROVEMENT & FORGE CO DATE OF NAME CHANGE: 19690520 8-K 1 l95051ae8vk.txt SIFCO INDUSTRIES, INC. & SUBSIDIARIES FORM 8-K SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report June 27, 2002 - -------------------------------------------------------------------------------- SIFCO Industries, Inc. and Subsidiaries - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Ohio 1-5978 34-0553950 - -------------------------------------------------------------------------------- (State or other jurisdiction (Commission (IRS Employer incorporation) File Number) Identification No.) 970 East 64th Street, Cleveland, Ohio 44103 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (216) 881-8600 ----------------------------- None - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report.) 1 ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT. On June 25, 2002, the board of directors of SIFCO Industries, Inc. ("SIFCO") adopted the recommendation of its Audit Committee that Arthur Andersen LLP ("Andersen") be dismissed as SIFCO's auditors. The SIFCO board also adopted the recommendation of its Audit Committee that Grant Thorton LLP be engaged to serve as SIFCO's independent public accountants. Andersen's reports on SIFCO's consolidated financial statements for each of the years ended September 30, 2001 and 2000 did not contain an adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles. During the years ended September 30, 2001 and 2000 and through the date of this Form 8-K, there were no disagreements with Andersen on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure which, if not resolved to Andersen's satisfaction, would have caused them to make reference to the subject matter in connection with their report on SIFCO's consolidated financial statements for such years; and there were no reportable events, as listed in Item 304(a)(1)(v) of Regulation S-K. SIFCO provided Andersen with a copy of the foregoing disclosures. Attached as Exhibit 16 is a copy of Andersen's letter, dated June 27, 2002, stating its agreement with such statements. During SIFCO's two most recent fiscal years and through the date of this Form 8-K, SIFCO did not consult Grant Thorton LLP with respect to the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on SIFCO's consolidated financial statements, or any other matters or reportable events listed in items 304(a)(2)(i) and (ii) of Regulation S-K. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits. EXHIBIT NO. EXHIBIT ----------- ------- 16 Letter from Arthur Andersen LLP to the Securities and Exchange Commission dated June 27, 2002 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused the report to be signed on its behalf by the undersigned hereunto duly authorized. SIFCO INDUSTRIES, INC. Date: June 27, 2002 By: /s/ FRANK A. CAPPELLO -------------------------------- Frank A. Cappello Vice President-Finance and Chief Financial Officer 3 EXHIBIT INDEX EXHIBIT NO. EXHIBIT - ----------- ------- 16 Letter from Arthur Andersen LLP to the Securities and Exchange Commission dated June 27, 2002 4 EX-16 3 l95051aexv16.txt EX-16 LETTER EXHIBIT 16 June 27, 2002 Office of the Chief Accountant Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Dear Sir or Madam: The representations made in this letter are based solely on discussions with and representations from the engagement partner on the audits of the consolidated financial statements of this registrant for the two most recent fiscal years. This individual is no longer with Arthur Andersen LLP. We have read Item 4 included in the Form 8-K dated June 27, 2002 of SIFCO Industries, Inc. to be filed with the Securities and Exchange Commission and have found no basis for disagreement with the statements contained therein. Very truly yours, Arthur Andersen LLP cc: Mr. Frank A. Cappello 5 -----END PRIVACY-ENHANCED MESSAGE-----